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    MarketForces Africa » MarketForces News » Fidelity Bank Gross Earnings Increased by 46% to N748.7bn

    Fidelity Bank Gross Earnings Increased by 46% to N748.7bn

    Julius AlagbeBy Julius AlagbeNovember 17, 2025 News No Comments2 Mins Read
    Fidelity Bank Gross Earnings Increased by 46% to N748.7bn
    Nneka Onyeali-Ikpe, CEO
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    Fidelity Bank Gross Earnings Increased by 46% to N748.7bn

    Fidelity Bank Plc has recorded a gross earning of N748.7 billion for the half-year ended 30 June 2025, representing a 46% growth from N512.9 billion recorded in the equivalent period in 2024, HI’24.

    Highlights of the financial results, which was uploaded on the Nigerian Exchange Limited, NGX shows that the bank delivered robust results across key financial metrics.

    The bank’s net Interest Income rose to N420.4 billion, compared to N326.4 billion in H1’24; and customer deposits expanded to N7.2 trillion, from N5.9 trillion in full year, FY 2024.

    Similarly, the bank’s Net Revenue increased to N444.4 billion, compared to N396.8 billion in H1’24. Fidelity Bank continued to expand its digital banking footprint, enhance customer experience, and support key sectors of the economy.

    The bank’s loan book grew, with net loans and advances expanding to N4.9 trillion, up from N4.4 trillion in FY 2024, reflecting increased support for businesses and individuals.

    Asset quality remained stable, with non-performing loans well within acceptable limits. The bank’s capital raising initiatives have further strengthened its financial position, ensuring readiness to meet new regulatory requirements and pursue growth opportunities.

    Fidelity Bank’s strong liquidity profile and robust governance framework provide a solid foundation for continued success.

    Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged commercial deposit money bank serving over 9.1 million customers through digital banking channels, its 255 business offices in Nigeria, and its United Kingdom subsidiary, FidBank UK Limited.

    The Bank is a recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards Zenith Bank Edge Higher as Foreign Investors Take Positions

    Fidelity Bank
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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